An AOL Executive Paid $1.37 Million For This Vinyl-Sided Townhouse In Brooklynhttp://www.businessinsider.com/aol-video-president-buys-brooklyn-townhouse-2014-6/comments
en-usWed, 31 Dec 1969 19:00:00 -0500Tue, 31 Mar 2015 19:00:15 -0400Madeline Stonehttp://www.businessinsider.com/c/538e0d80eab8ea2612248e8ePulaskiTue, 03 Jun 2014 14:01:36 -0400http://www.businessinsider.com/c/538e0d80eab8ea2612248e8e
Listen, pal. Don't go yapping about things you don't understand. Lemme explain things to you: because Manhattan is an island, and there is no more room to build anywhere, and everyone wants to live there, you can only afford it if you spend 50 to 70% of your income or have three people stuffed into one bedroom. So, you need to move to Greenpoint, right next to the sewage treatment plants, creek full of old paint factory run off, so you can be within no subway that goes to Manhattan. That way, you are a part of gentrification, plus you can flip this house in a year for 50% profit because all the Asian and Russian buyers will be coming in with their stolen money as the economies of their countries disintegrate. You best buy now!http://www.businessinsider.com/c/538e0cc969bedd3929859eedbillDTue, 03 Jun 2014 13:58:33 -0400http://www.businessinsider.com/c/538e0cc969bedd3929859eed
This should give you a sense of what you can get in NYC. And this is GREENPOINT, Brooklyn, which is much more affordable than lots of other neighborhoods.http://www.businessinsider.com/c/538e0850ecad04523872a1f0BubbleTue, 03 Jun 2014 13:39:28 -0400http://www.businessinsider.com/c/538e0850ecad04523872a1f0
Are you kidding me? Nearly 2 million for this dated POS? No, no, folks, there is no housing bubble in NYC.